PPP Loan information for S.e.d. inc

$40,000

S.e.d. inc was initially approved for PPP Loan of amount $40,000, the current approved amount is $40,000. The loan was approved on 05/05/2020 by The The Old Point National Bank of Phoebus reported 5 jobs and $40,000 was used to fund payroll.

S.e.d. inc is Existing or more than 2 years old

S.E.D. INC

Date Approved

05/05/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

S.E.D. INC

Borrower Address

276 Peach St

Borrower City

Williamsburg

Borrower State

VA

Borrower Zip

23188

Loan Status Date

07/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

40000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73444

Servicing Lender Name

The Old Point National Bank of Phoebus

Servicing Lender Address

1 W Mellen St

Servicing Lender City

HAMPTON

Servicing Lender State

VA

Servicing Lender Zip

23663-2305

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Williamsburg

Project County Name

JAMES CITY

Project State

VA

Project Zip

23188-0001

CD

VA-01

Jobs Reported

5

NAICS Code

541940

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

73444

Originating Lender

The Old Point National Bank of Phoebus

Originating Lender City

HAMPTON

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40427.78

Forgiveness Date

06/10/2021

;